According to the Congressional Budget Office report "A 125-Year Picture of the Federal Government's Share of the Economy, 1950 to 2075," the share of government spending in GDP will ________, assuming current federal government spending patterns.
A) climb to 40 percent by 2075
B) climb to 40 percent by 2015
C) climb to 100 percent in 2075
D) fall to 0 percent in 2075
E) not change between now and 2075
Correct Answer:
Verified
Q70: An explanation of why governments are willing
Q71: If current generations are depleting nonrenewable resources,
Q72: When _ hold(s), if the present value
Q73: Income minus taxes is often called:
A) government
Q74: According to the Congressional Budget Office report
Q76: The national income identity can be rearranged
Q77: _ is/are what may happen when the
Q78: According to the Congressional Budget Office report
Q79: If the government increases its budget deficit,
Q80: According to the Congressional Budget Office report
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents